Parker Street Ministries Inc and Subsidiaries
Nonprofit profile at a glance
- EIN
- 593579886
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Lakeland, FL, USA
- Phone
- 8636824544
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,703,420
- Expenses
- $2,186,629
- Assets
- $14,057,335
- Liabilities
- $30,122
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- TIMOTHY MITCHELL (EXECUTIVE DI): $125,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Parker street ministries is a christ-centered organization committed to individual, family and community restoration, reconciliation and revitalization beginning in lakeland's parker street community.
What it reported doing in 2025
Volunteers are vital resources for delivering programs. In 2025, 1,035 unduplicated volunteers logged more than 5,300 hours through psm and 42 of those volunteers were neighborhood residents. The in-kind value of volunteer hours in 2025 was 186,232.61 (independent sector). The organization's current long-range plan (2023-27) features four focus areas. Fostering spiritual growth: encouraging spiritual growth by making christ and his gospel central through the practice of spiritual disciplines. This equips parker street and north lake wire neighborhood residents to integrate these practices into their lives, no matter where they live. Supporting lifetime learners: offering year-round educational opportunities, including academic enrichment for k-12 students. A summer workforce program teaches young high schoolers essential job skills, provides stipends, and emphasizes the importance of saving. Stabilizing the neighborhood: enhancing the quality and availability of housing by leveraging volunteers and partnerships with landlords and agencies. Activities such as neighborhood cleanups, landscaping, home repairs, and the construction of homes for those underhoused and cost- burdened to stabilize families and contribute to a vibrant, mixed-income community. Cultivating connections: bridging gaps in relationships and services through activities like the neighborhood christmas store and community gatherings. Strengthening ministry connections with parker street and north lake wire families fosters a diverse community that learns from and cares for one another. Measures, program information, and financial documents can be found at psmlakeland.org or at candid.org.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.9%; rating input score 42
- Program expense ratio: 87.5%; rating input score 87
- Fundraising efficiency: $49.47 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 53.5%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 6.43; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 14.7% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 14.1% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 41.9% of revenue deployed · 87.5% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.9M in reported program spending
- Leadership: top reported pay $125K · 12 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.